About Me

 

Utilizing this digital window to share my understanding of the funder and founder relationships and….
several other things that intrigue me!

A lot of the teams that were making solutions at the Jabalpur hackathon over the weekend, consisted of 2nd and 3rd year engineering students. While I could sense that they had a clear understanding of how to make products for specific solutions, they clearly lacked business sense and  had a limited knowledge of venture capital.

During the break while the jury members (including myself) were discussing this lack of business sense among engineering students, someone proposed that it would be a good idea for an engineering or business school (with an incubator) to hold a semester long course on entrepreneurship and venture capital.

That solution stuck with me during my train journey to Delhi and I contemplated the design for a course that would prepare students for the world of entrepreneurship. The objective of this course would be to-

  1. Develop an understanding of the venture capital ecosystem
  2. Understand how to convert an idea into a viable business
  3. How to develop cohesive financial models to run viable businesses
  4. How to use the lean start-up methodology to develop low cost prototypes
  5. How to recruit mentors, advisors and board members
  6. When is the right time to seek external funding? How to develop an investor pitch?
  7. How to approach investors, what to present and how to get their attention?
  8. An understanding of the terms & conditions of a termsheet, SHA, etc.
  9. How to build strong initial teams to execute the proposed business plan

I would base this course on real world case studies and engage my students to think about every decision from various stakeholders’ vantage points. That way, when and if they decide to setup their own companies, they will be much better prepared than the students who have no idea about the entrepreneurial world out there.

What would you like to gain from such a course if it were offered during the time you were in college and were interested in entrepreneurship?

If you are in college and thinking about starting a business, what would like to gain from such a course?

10/2019

COMMENTS
  • Raj Jain
    January 19, 2019

    Hey,
    I recently got back from Barcelona after completing my master’s in high-tech entrepreneurship, exactly the course structure and idea you proposed in the blog.
    The university I went to started only in 2016 and I was the part of the first and second bactch as I joined mid-term.
    The name of my university is harbour.space and they have a game changing approach in education, where we didn’t follow the traditions 3-6 month semester rule, rather we had 3 week modular speciality courses taught by experienced proffesors flying in only for that course from all around the world. It was an out of the world experience and I believed and learned and grew a lot during my time in Barcelona, at Harbour.Space.
    I could tell you more about it if you’d like to know.
    Best,
    Raj

    reply
      • Raj Jain
        January 23, 2019

        Hey,
        My email address is raj@dahli.in and you can reach me on 9920754610 as well.
        Would be glad to tell you more about it.

  • January 15, 2019

    Hello ,
    I saw your tweets and thought I will check your website. Have to say it looks really nice!
    I’m also interested in this topic + have recently started my journey as young entrepreneur.
    I’m also looking for the ways on how to promote my website. I have tried AdSense and Facebok Ads, however it is getting very expensive.
    Can you recommend something what works best for you?
    Would appreciate, if you can have a quick look at my website and give me an advice what I should improve: https://janzac.com/
    (Recently I have added a new page about Rockwall Investments and the way how normal people can make money with this company.)
    I have subscribed to your newsletter. 🙂
    Hope to hear from you soon.
    P.S.
    Maybe I will add link to your website on my website and you will add link to my website on your website? It will improve SEO of our websites, right? What do you think?
    Regards
    Jan Zac

    reply

Leave a Reply